My 10-year-old son brought home a book from our park’s free library box. It was a biology textbook – teachers edition. He said it looked interesting and hey, it was free (having no idea you could sell it). I scanned it in my Amazon seller app and realized it was worth around $150. He was so excited. We listed it for sale for $130 and it sold! Going to tell him, he just made $130!
If you love to travel and find yourself randomly searching for airfare sales or browsing Lonely Planet, why not carve out a niche for yourself as a private travel agent? My friend, Mark Jackson did just that, making extra money online with his travel consulting side business. Start with word of mouth recommendations from friends who know they can count on you for the cheapest flights, and then move on and create a Facebook or LinkedIn group to invite people who want to stay on top of the latest deals. Eventually you could spin this into a full-time consultancy teaching people how to make their dream trip a reality.
Buy and sell domain names. If you’re good at finding popular yet undiscovered domain names, you can make some cash on the side by buying and reselling websites. Think of it as digital real estate speculation. Domains are available on GoDaddy.com for as little as $2.99 per year, but are sometimes resold at far higher prices: According to Business Insider, the site MM.com sold for $1.2 million dollars in 2014. Once you find the perfect domain name to resell, you can market it on Flippa.com for a flat fee.
Essany has gone particularly deep on passive income strategy. Instead of chasing trends, he dedicates time to market research. He surveys people using the platform Pollfish to find out which customers prefer what messages on their apparel—whether police officers like sarcastic shirts, for example, or teachers opt for serious ones—and creates accordingly. One of his most popular designs is a black T-shirt that says “Proud Union Operating Engineer—the Greatest Workers Are America’s Workers.”
A spin-off for web designers is to offer a landing page creation service. Well-optimized landing pages can be the difference between a successful and a failing business. And, as creating the perfect landing page isn’t easy, this is a service many businesses are prepared to pay for. I know people who are earning 6 figures per year and all they do is create landing pages for businesses. There’s serious money to be made.
You do not have to be a singer to become a YouTube star. If you are lucky, you could shoot a video of your child, pet, or a double rainbow that strikes a chord and goes viral. YouTube might then get in touch asking you to become a partner, meaning the site will run ads along with your clip and share over 50% of the revenue with you. The father of "David After Dentist" has made more than $100,000 from YouTube ads alone. As well as advertising, viral video celebrities can diversify into TV appearances, merchandise and even iPhone apps, as the creator of "Charlie Bit My Finger" has done.
You'll also need ecommerce software, fulfillment software, worry about warehousing, customer service, refunds and so on. But that's not all. You'll also need traffic. Think search engine optimization, Facebook ads, and other social media campaigns. Sound like a lot of work? Sure, it is. Especially if you do it all on your own. You could opt for Amazon's platform, which might be the easier route. But, then again, at the end of the day, this is a serious business, which could produce significant profits. So you're either all in or you're not.
I’ve mentioned ProofreadAnywhere.com ProofreadAnywhere.com on my blog before, in part because it’s such a great opportunity for anyone who wants to work from home as a proofreader. The founder, Caitlin Pyle, began her Proofread Anywhere blog after being a freelance proofreader long enough to know that this was a viable income opportunity. She didn’t see anyone else teaching how to do it, so she decided to do it herself.
When you’re desperate to make money now, sometimes the only option is to sell your stuff. If you’re unemployed and struggling to find a job, selling your posessions is a great way to make money fast. You can earn money online using the links below or you can head to a pawn shop. Keep in mind the shipping costs associated with selling online. Be sure to charge the buyer for it if you’re shipping products internationally.
Have you heard of Create Your Laptop Life? It’s an online training and mentorship program run by Julie Stoian and Madelaine Corke, two online entrepreneurs who were able to start at their own personal “bottoms” and turn their individual VA businesses into something incredible. Together they have a digital marketing agency called Pipe & Lime, and they also run CYLL to teach other up-and-comers how to be wildly successful.
Travel blogging is a hard industry to break into. However, the rewards can be worth it, and let’s face it, who doesn’t want to be paid for traveling around the world! There are numerous ways to monetize a travel blog, but affiliate marketing should predominantly be your focus. On your blog, promote hotels, tours, equipment hire services, flights, and anything else travel related. Then take a cut of the proceeds as your audience books their holidays based on your recommendations.
Another way to utilize your talent and business skills is to run corporate workshops online. Businesses are always looking for unique ways to help educate their workforce, and if you can package your talents into a day or half-day long session, you can sell that to companies all over the world to make money online. Start by building a portfolio and then reaching out on LinkedIn to influencers at relevant companies to see if they would be interested in you teaching their team.
Now, if you don’t know people who might want your coaching services, there are a number of online tools and communities that make it incredibly easy to find clients and teach, on just about any topic area you can think of. Community driven platforms like Savvy.is, Clarity.fm, and Coach.me provide you with a network of potential clients to interact with, as well an integrated payment solution.
Multi-vendor marketplaces, like ThemeForest, can be very successful. Chose a niche and create a vendor website for it. Your marketplace could be anything, from a platform for local artists to sell their work on, to an online digital product store. Once set up, invite people in that industry to sell their products on your site. You take a percentage of their profits when items sell.
Gift cards to stores where you do not shop may seem like a waste. Forcing yourself to find something you like at a store you are not familiar with can be annoying, especially if you do not end up using what you get with the card. Many websites exist that will give you a percentage of what the card is worth, usually resulting in close to face value for popular stores like Amazon and Wal-Mart, with less generous offers for smaller chains and novelty stores.
Pulling weeds may not seem like very much fun but it make you a good amount of money several months out of the year. Older people may enjoy planting a garden and watching it grow but the hard work of keeping it free of grass and weeds is an opportunity for you to offer your gardening skills to help boost their harvest. It may only take 1-3 hours a week per garden, making it important to line up more than one customer if you want to make significant money.
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
Here’s a good example of how lead sales can work in real life: My second website, Life Insurance by Jeff, brings in a ton of traffic from people who are searching the web to find answers to life insurance questions. While I used to have the website set up so I could sell these people life insurance myself, it was a lot of work to process all the different requests and clients. As a result, I started selling the leads I gathered instead.